Jack provides heating and air conditioning equipment for office buildings. He sells ________
A) distributive goods
B) consumer services
C) consumer goods
D) industrial goods
E) intangible goods
D
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Jojola Corporation is investigating buying a small used aircraft for the use of its executives. The aircraft would have a useful life of 5 years. The company uses a discount rate of 13% in its capital budgeting. The net present value of the initial investment and the annual operating cash cost is -$439,238. Management is having difficulty estimating the annual benefit of having the aircraft and estimating the salvage value of the aircraft. (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Ignoring the annual benefit, to the nearest whole dollar how large would the salvage value of the aircraft have to be to make the investment in the aircraft financially attractive?
A. $3,378,754 B. $57,101 C. $439,238 D. $808,910
Meow Products Ltd. Meow Products Ltd. produces and sells scratching posts for cats. In the current year, the company had expected to sell 12,000 posts but actually produced and sold 10,000 posts. The following information is available regarding the standard cost to produce a single post: Direct materials: 3 feet @ 1.75 per foot Direct labor: 15 minutes @ $.30 per minute In the current year,
38,000 feet of material were purchased out of which 35,000 feet were used at a cost of $1.55 per foot, and 160,000 direct labor minutes were incurred at a cost of $.32 per minute. Refer to the Meow Products Ltd. information above. The company's direct materials price variance for the current year is: A) $2,350 F. B) $7,600 F. C) $7,000 U. D) $4,100 U.
According to the principle of federal supremacy, any state or local law that directly conflicts with the U.S. Constitution is ________
A) enforceable pursuant to the Ninth Amendment B) enforceable pursuant to the Tenth Amendment C) voidable D) void
Appendixes are a part of all recommendation reports
Indicate whether the statement is true or false